State of Michigan Retirement System

The State of Michigan Retirement System administers comprehensive retirement programs for the state's public sector. It manages defined benefit plans, providing financial security for state employees, public school educators, judges, state police, and National Guard members. Its core function involves the secure management of long-term obligations, encompassing record-keeping, benefit calculation, and distribution.

The Michigan Legislature established the system in 1943 through Act 240, creating the Michigan State Employees' Retirement System (MSERS). This act addressed the critical need for a structured, secure retirement framework for public servants. The legislative insight aimed to professionalize and consolidate retirement fund management, ensuring stable benefits for state service.

The system's primary beneficiaries are current and retired employees from Michigan's public sectors. Its enduring vision is to uphold the financial integrity of these retirement plans, ensuring promised benefits are delivered reliably and sustainably. It strives to provide economic stability for its members, supporting the long-term well-being of Michigan's public service community.